Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Dec. 31, 2021
Dec. 31, 2020
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net loss $ (799,977) $ (490,658) $ (403,643) $ (425,545) $ (1,290,635) $ (829,188)  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:              
Issuance and amortization of common stock for services         133,422  
Foreign currency transaction gain (134,000)   (328,000)   1,086 (47,195)  
Depreciation expense 504   506   1,013 944  
Amortization of debt discounts 5,221   5,018   11,295 126,299  
Change in fair value of derivative liabilities 163,853   16,950   167,757 (48,002)  
Gain on extinguishment of debt, net     (49,985)  
Stock option and restricted stock expense 20,718   20,718   41,436 41,436  
Non-cash interest expense         2,250 8,250  
Accretion of put premium         245,000 129,333  
Changes in Assets and Liabilities:              
GST receivable         (1,417) 314  
Prepaid expenses and other assets         (5,637)  
Accounts payable         (51,037) 77,749  
Deferred rent         1,249  
Employee benefit liability         12,882 24,497  
Accrued expenses and other payables         (6,772) 85,297  
Accrued interest         28,264 38,027  
NET CASH USED IN OPERATING ACTIVITIES         (711,093) (440,975)  
CASH FLOWS FROM FINANCING ACTIVITIES:              
Proceeds from convertible promissory notes, net of original issue discounts and issue costs         414,500 200,000  
Repayments of convertible promissory notes         (43,000)  
Proceeds from the exercise of warrants         375,000 201,044  
NET CASH PROVIDED BY FINANCING ACTIVITIES         789,500 358,044  
Effect of exchange rate changes on cash         (7,046) 37,167  
NET INCREASE (DECREASE) IN CASH         71,361 (45,764)  
CASH AT BEGINNING OF PERIOD   $ 2,255   $ 67,007 2,255 67,007 $ 67,007
CASH AT END OF PERIOD $ 73,616   $ 21,243   73,616 21,243 $ 2,255
Supplemental Disclosure of Cash Flow Information              
Interest         950 13,392  
Income Tax          
Supplemental Disclosure of Non-Cash Investing and Financing Activities              
Common stock issued for deferred offering cost         20,000  
Prepaid common stock issued for services          
Reduction of put premium related to conversions of convertible notes         126,310 273,009  
Conversion of convertible notes and accrued interest to common stock         224,662 557,999  
Reversal of common stock issuable and put premium due to cancellation of conversions of convertible debt and accrued interest         31,801  
Common stock issued for accrued services         448,440  
Deemed dividend upon alternate cashless exercise of warrants         $ 208,242